Petrobras informs about ANP decision on Berbigão and Sururu fields

Source: www.gulfoilandgas.com 1/24/2025, Location: South America

Petrobras informs that the National Agency of Petroleum, Natural Gas and Biofuels (ANP) decided on Thursday (01/23/2025) to unify the Berbigão and Sururu fields, located in concession BM-S-11A, in the pre-salt Santos Basin, operated by Petrobras with a 42.5% stake.

The decision results from the analysis of the revised Development Plans for the reservoirs, which were sent by Petrobras, as operator, to the ANP in 2018. This decision results in production of the Berbigão and Sururu fields being reported in a single field, increasing the rate applied to the corresponding Special Participation payment for the unified field, retroactively to the production start date. The ANP's decision also determines the unification of the areas referring to the Transfer of Rights contract for the Entorno de Iara Block (South of Berbigão and South of Sururu; North of Berbigão and North of Sururu), operated by Petrobras with a 100% stake; however, in this case, there is no Special Participation charge. Finally, the Superintendence of Government Participations was ordered to calculate the value of Government Participations considering the unified fields.

Petrobras is evaluating, within the scope of the consortium, the adoption of appropriate measures in the competent levels.

Petrobras will assess the possible impacts on its financial statements.

Material facts will be disclosed to the market in due course.


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